Asseco Business Solutions (ABS) H1 2026 earnings summary

Executive summary

• Operational revenue for H1 2026 reached 246,072k PLN, up 14.8% year-over-year from 214,411k PLN, with net profit rising 40.5% to 72,007k PLN from 51,248k PLN.

• Strong cash flow from operations at 93,292k PLN, but significant outflows in financing activities led to a cash balance drop to 2,750k PLN at period end.

• The company divested its subsidiary Tax Order Sp. z o.o. in June 2026, ceasing to be a capital group.

Financial highlights

• EBIT for H1 2026 was 79,843k PLN, up from 55,227k PLN year-over-year.

• Gross margin improved, with gross profit from sales at 110,358k PLN versus 86,423k PLN in H1 2025.

• EPS increased to 2.19 PLN from 1.56 PLN year-over-year.

• Dividend of 3.75 PLN per share paid in June 2026 from 2025 profits.

Outlook and guidance

• No direct negative impact from geopolitical tensions in Ukraine or the Middle East observed so far, but management remains cautious about potential future risks.

• New incentive program for management and key staff for 2027-2029 approved, aiming to enhance long-term performance.